Eric Wesoff is Editor-at-Large at Greentech Media. Prior to joining GTM, Eric Wesoff founded Sage Marketing Partners in 2000 to provide sales and marketing-consulting services to venture-capital firms and their portfolio companies in the alternative energy and telecommunications sectors. Mr. Wesoff has become a well-known, respected authority and speaker in these fields.

His expertise covers solar power, fuel cells, biofuels and advanced batteries. His strengths are in market research and analysis, business development and due diligence for investors. He frequently consults for energy startups and Silicon Valley's premier venture capitalists.

Estimated retained value increased by approximately $79 million during the quarter to approximately $560 million, up 138 percent year-over-year

The CEO noted that Vivint is working with SolarEdge, Fronius, Tesla, and Enphase on emerging energy storage applications. Vivint sees the usage case as being limited to backup in the near term.

New investment funds

The CEO noted that in the first four months of 2015, Vivint raised $350 million more in funding -- good for another 193 megawatts of future deployments. The company also cited a "commitment letter" for an additional $100 million, as well as a $150 million working capital facility. The CEO also reported a $150M fund and an EPC partnership intended for C&I applications.

Guidance for Q2 and full year 2015

Vivint expects to install 63 to 67 megawatts' worth of solar in Q2 The company estimates revenue at $14 million to $15 million and operating expenses of $80 million to $85 million.

For the full year 2015, Vivint reiterates an installation guidance of 290 to 310 megawatts